Dak Lak breaks through development with a series of projects attracting thousands of billions of VND in investment

MINH ANH |

Dak Lak is making a strong breakthrough with billion-dollar projects, attracting large FDI capital, becoming an attractive destination for investors.

A trillion-dong project is being launched simultaneously

According to the report of the Dak Lak Provincial People's Committee, in just the first 9 months of 2025, investment policies have been approved for 33 projects with a total capital of more than 32,500 billion VND.

The highlight is the two projects implemented by Hoa Dong Group including: Hoa Tam Industrial Park - Phase 1 (more than 4,188 billion VND) and Bai Goc Port (about 24,000 billion VND).

Nhieu du an trong diem duoc khoi dong. Anh: Bao Trung
Many key projects have been launched. Photo: Bao Trung

The Phu Yen High-Tech Industrial Park Infrastructure Investment, Construction and Business Project with a capital of VND 2,369 billion will also start construction in August 2025.

In particular, Bai Goc Port plays a key role, directly serving Hoa Tam Industrial Park, a complex of oil refining, smelting and energy sectors.

The port is planned to have 13 specialized shipping docks with a capacity of up to 250,000 DWT, along with a system of general and liquid/ loading/use wharves. According to the commitment, by 2030, the port can unload about 26 million tons of goods/year.

According to Mr. Ta Anh Tuan - Chairman of Dak Lak Provincial People's Committee, the above projects are strategic, making Dak Lak a new growth pole of the Central Highlands and the South Central Coast, strongly spreading to trade, services, improving people's lives and ensuring sustainable social security.

Mr. Truong Cong Thai - Vice Chairman of Dak Lak Provincial People's Committee said that the government has directed strongly to support investors, promptly remove obstacles, shorten administrative procedures and enhance dialogue. This is a factor that creates peace of mind for businesses when choosing to stay long-term.

FDI wave and new confidence

Not only attracting domestic capital, Dak Lak is becoming an attractive destination for many international investors. There are currently 5 FDI projects with a total capital of 92.6 million USD operating in Hoa Phu Industrial Park, creating jobs for more than 3,700 workers and expected to recruit 1,350 more people.

Mr. Dinh Xuan Dieu - Head of Dak Lak Province Industrial Park Management Board shared that FDI projects in Hoa Phu are all large-scale, focusing on export production. This is not only an important resource for the province's export turnover but also creates a driving force to spread and promote the investment environment.

Tinh Dak Lak dang co buoc chuyen minh quan trong trong phat trien kinh te. Anh: Minh Anh
Dak Lak province is taking an important turn in economic development. Photo: Minh Anh

A report by the Dak Lak Department of Finance shows that as of September 2025, the whole province has 63 FDI projects with a total registered capital of more than 2.2 billion USD.

Of which, projects in Nam Phu Yen Economic Zone and High-Tech Agricultural Zone account for more than 2 billion USD. Many Korean enterprises such as World Development Inc, GODS, Make The Film, V- International... are exploring investment opportunities in the province.

According to Mr. Tran Van Tan - Director of the Dak Lak Provincial Department of Finance, FDI capital flows have opened up many new opportunities for high-tech agriculture, renewable energy, deep processing and eco-cultural tourism. Those values contribute to improving people's lives, increasing income and building the image of a dynamic and open Dak Lak.

Specific figures and projects show that Dak Lak is not only the coffee capital, but is gradually becoming a new economic center, where industries, services, high-tech agriculture and eco-tourism converge.

MINH ANH
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